NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $40.51 as of 9:31 a.m. ET, the dividend yield is 0.5%.
The average volume for Power Integrations has been 348,400 shares per day over the past 30 days. Power Integrations has a market cap of $1.2 billion and is part of the
industry. Shares are up 0.9% year to date as of the close of trading on Tuesday.
Power Integrations, Inc. designs, develops, manufactures, and markets proprietary, high-voltage, and analog integrated circuits (ICs) for use in high-voltage power conversion. The company has a P/E ratio of 21.2, below the average electronics industry P/E ratio of 25.4 and below the S&P 500 P/E ratio of 23.2.
TheStreet Ratings rates Power Integrations as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full